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Congress Steps Up, Keeps Stafford Loan Rates at 3.4 percent

By Bill Fay | July 2, 2012

It came down to the wire, but Congress finally voted to help out millions of current and former college students who have accumulated up to $1 trillion in student loans.…

car shopping tips

10 Things to Know When Shopping for a Car

By Bill Fay | May 12, 2012

There are 250 million registered passenger vehicles in the U.S. today — and just 115 million American households. According to government statistics, 57 percent of those households have two or…

earth day volunteers

How to Make a Difference in Your Community when Money Is Tight

By Katherine Pilnick | March 3, 2012

There are countless ways to make a positive difference in the world or in your community. Monetary donations go a long way for charities and nonprofit organizations, but giving money…

Sources:

  1. About 440,000 Apply for Obama’s Short-Term Initiative to Consolidate Student Loans. (2012, June 29). Washington Post. Retrieved June 29, 2012, from: http://www.washingtonpost.com/
  2. This Is a Big Day for Millions With Student Loans. (2012, June 29). CNBC.
  3. No More Grace Period on Student Loans. (2012, June 28). Chicago Tribune. Retrieved June 29, 2012, from http://www.chicagotribune.com/business/breaking/chi-no-more-grace-period-on-student-loans-20120628,0,4384922.story
  4. Salmon, F. (2011, October 22). The Murky World of Student-Loan Statistics. Retrieved June 29, 2012, from http://blogs.reuters.com/felix-salmon/2011/10/21/the-murky-world-of-student-loan-statistics/
  5. Martin, A. & Lehren, A. W. (2012, May 12). A Generation Hobbled by the Soaring Cost of College. New York Times. Retrieved June 29, 2012, from http://www.nytimes.com/2012/05/13/business/student-loans-weighing-down-a-generation-with-heavy-debt.html?pagewanted=all
  6. Historical Interest Rates. (n.d.). Retrieved July 2, 2012, from http://www.finaid.org/loans/historicalrates.phtml
  7. Loans for Graduate Students. (n.d.). Retrieved July 2, 2012, from http://financialaid.ucdavis.edu/graduate/types/loans.html